Amendments to the Price List of Eurex Clearing AG: ETF Options, Equity Options and Cross Margining

1. Introduction 

Effective 1 November 2026, Eurex Clearing AG (Eurex Clearing) will implement several amendments to the Price List of Eurex Clearing AG (Price List).

In this context, the following measures will apply:

A.  Amendments to the Price List regarding ETF Options: Amendments to the transactions and maintenance fee structure, as outlined in Attachment 1;

B.  Amendments to the Price List regarding Equity Options: Alignment of the reduced TES fee for Account A for German Single-Stock Equity Options and LEPOs, as outlined in Attachment 2;

C.  Amendments to the Price List regarding Cross Margining: Clarifying amendment regarding the application of the Cross Margining Fee, as outlined in Attachment 2.

2. Required action

Clearing Members are advised to conduct a thorough assessment of the impact of the changes on their systems and operational processes and make all necessary adjustments prior to the effective date to ensure ongoing compliance and operational preparedness.

3. Details

A. ETF Options

Adjustment of the transaction and maintenance fees applicable to ETF Options. The updated fee rates and specific product classifications are set out in the amended sections of the Price List as detailed in Attachment 1.

B. Equity Options

Alignment of the reduced TES fee for Agent Account (A-Account) for German Single Stock Equity Options and Low Exercise Price Options (LEPOs) in product group DE11, DE12 and DE14 per contract.

C. Cross Margining

Clarification of the operational scope of the Cross Margining Fee.

Transaction fees

The transaction and maintenance fees for all above-mentioned products can be retrieved from the updated sections of the Price List, as outlined in the Attachments.

Amendments to the legal framework of Eurex Clearing

To reflect all above-mentioned decisions in the legal framework of Eurex Clearing, the following provisions will be amended as outlined in the Attachments:

• ETF Options:

Numbers 3.1, 3.3, 3.7 of the Price List (Attachment 1)

• Equity Options:

Number 3.1 of the Price List (Attachment 2)

• Cross Margining:

Number 9.2 of the Price List (Attachment 2)

Publication of amendments to the Price List

As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing’s website under the following link: 3. Price List.

The amendments to the legal framework of Eurex Clearing AG published by this circular are deemed accepted by each affected contractual party of Eurex Clearing AG, unless the respective contractual party objects by written notice to Eurex Clearing AG prior to the relevant effective date(s) as stipulated in this circular. In case of an objection by the respective contractual party pursuant the preceding sentence, Eurex Clearing AG is entitled to terminate the respective contract (including a Clearing Agreement, if applicable). Instead of submitting an objection, the respective contractual party may submit in writing to Eurex Clearing AG comments to any amendments of the legal framework of Eurex Clearing AG within the first 10 Business Days after the publication of the amendments. Eurex Clearing AG shall assess whether these comments prevent the published amendments from becoming effective taking into account the interests of Eurex Clearing AG and all contractual parties.  

Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable. 

Attachments: 

• 1 – Amended sections of the Price List of Eurex Clearing AG (ETF Options), effective as of 1 November 2026 
• 2 – Amended sections of the Price List of Eurex Clearing AG (Equity Options and Cross Margining), effective as of 1 November 2026 

Further information